sonika kaushik
25 July 2013 at 09:40

Differnce in form 16 and form 26as

As per form 16 salary is 710903 but in form 26AS salary is 754988

And TDS as per form 16 is and Form 26AS is 61101.



Anonymous
25 July 2013 at 09:24

Accounting entries for salary income

Dear Experts,

While passing accounting entries, net salary received is considered as income. Also is pt,income tax & employees pf is considered as income?Foll entries:

Bank a/c dr
To salary Net Salary recd

PF(Employees contri) a/c Dr
PT Dr
TDS Dr
To salary

Are these entries correct??

Also what abt employers contribution to pf and pension fund...can we pass foll entry:

PF Dr
Pension fund Dr
To Capital





Anonymous
25 July 2013 at 09:00

Capital gain on ancestral gold

Dear colleagues,
I have a query regarding capital gain on ancestral gold/ornaments
a)If I receive any ancestral gold what will be its tax treatment?
b)If its under ltcg what will be criteria for indexation?
c)Whether benefit of Section 54 can be availed for this?

Thanks in advance.


Rojinajanu
25 July 2013 at 08:44

Tds u/s 194-c

we are Importer and exporter for that we are taking service from CFA agent for clearing where he is issuing invoice along with Duty paid Handling fees paid and other reembershment no separate bills for re-embershment is given by the CFA agent so what is amount for TDS


Asawari Malhotra
25 July 2013 at 07:49

Disclosure

if finance is raised by issuing additional equity shares, then does it need to be specifically disclosed to the shareholders regarding where THAT SUM RAISED in particular, will be invested ?


R Gopalakrishnan
25 July 2013 at 04:01

Relating to printing press

Dear Experts

Please tell me one of the client starting a business designing of Pamphlet, cards, boaters, banner giving to printer after printing he raising invoice to his customer in invoice he want to collect VAT?, Service Tax?, or Both or WCT.



Anonymous
25 July 2013 at 02:43

Very very urgent

Sir/Madam,
I have left the company 8 months back after working there for 6 years .I know that I am eligible to get the gratuity, but what I want to know is whether I should apply for my gratuity within some limited period is elapsed or I might not get the gratuity at all.Can I loose this money if I do not apply within 1 years of leaving my job?
Please reply soon , I am eagerly waiting for your reply.

Thank you very much.


Nitish
25 July 2013 at 01:48

Please suggest a book

Can anyone suggest me a BOOK for COST ACCOUNTING and FINANCIAL MANAGEMENT for IPCC-1? The book should be able to clear my concepts and should be written in easy language which can be easily undersrood. Thank You



Anonymous

A boundary wall is constructed on rented property, involving expenditure of Rs. 10.00 Lacs. Can this expenditure be capitalised in books of accounts??



Anonymous
25 July 2013 at 00:25

Itr

Dear Experts
Ysterday I recive from my portfolio manager net loss on share intraday transaction...Since it is short term and I donot have any other Capital gain to get it Setoff.
This is not an issue but what is annoying that there is nowhere in ITR where I can put this loss amount and carry it forward!!!!

Kindly help me asap!!!!







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